Keep regular insurance?
 

I am currently not daily driving my '14 BRZ track car. I've decided not to realign the suspension at the end of track season. What kind of regular liability insurance should I maintain? I plan to keep up the registration to be able to do short test drives on the street. I expect I should at least keep up storage liability insurance. I purchase track day insurance for all my HPDE events.


Thoughts? Tips? What others are doing? etc.

First and foremost, in order to have it covered by your homeowner's insurance, it must have insurance on it. Second, to be legal to drive on the street, it needs state minimum coverage.

With that out of the way, take a look at either Hagerty or Lockton Motorsport. They both have stated value policies that you can buy that aren't that bad. That means you can state how much the car is worth and they will provide coverage for that. They are usually pretty cheap because they account for the fact that it isn't street driven much.

BTW, the biggest cost of insurance is the human component. They can give you a cheaper policy if you don't put a ton of miles on public roads.

I need to look into Hagerty or something. Both my BRZ and WRX aren't driven much. BRZ's around 4k just to and from autocross and cars and coffee events. WRX usually under 2k as my winter car.

I don't pay a ton, but State Farm has been going up recently like all insurance has. Used to be under $100 for both.

I keep state minimum to drive on the road, comprehensive, and uninsured motorists coverage. I also have my track car set as a low annual mileage vehicle used for recreation.

Yeah. I work for one of the big insurance companies (IT) and the word inside is that rates are up everywhere because of so much craziness going on in this country. Between the fires, hurricanes and storms/tornadoes and then all of the general purpose shenanigans in cars, the whole market is a mess.

You're in Pennsylvania which is a No Fault Insurance state and that just makes your life even worse.

Back in the 80's when I was racing, I had State Farm. My agent told me as long as I wasn't on a course designed for racing, I was covered. So autocross was covered. If I was on a track designed for auto racing, I was only covered if I had an instructor in the car. Then it was a driving school. When I was in someone else's car, I went balls out.

That's no longer the case. Insurance companies have changed their coverage for such things. The bottom line is that if you're doing something like autocross or track days then don't count on being covered. Some companies are even trolling racing sites that post results and dropping their customers.

Just food for thought.

I had an agreed value policy on my BRZ through Hagerty to cover it in the garage / on the trailer / in the paddock with a $40k value, it was something like $300/yr. I also carried comp/collision coverage with my normal auto ins company on it for the cases that I wanted to drive to test something, needed to go to the local dyno, etc.

My current track car isn't even titled and I only have a Hagerty policy on it, it's a giant pain to have to trailer it for every little thing I might want to do with it.

Keep some form of regular insurance if you can, it is so nice.

Thank you RT-BRZ, cmiovino, NoHaveMSG, Sapphireho and RedReplicant for your inputs!